GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Alamo Group Inc (FRA:AL3) » Definitions » Cyclically Adjusted Price-to-FCF

Alamo Group (FRA:AL3) Cyclically Adjusted Price-to-FCF : 37.01 (As of Jun. 01, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Alamo Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Alamo Group's current share price is €171.00. Alamo Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.62. Alamo Group's Cyclically Adjusted Price-to-FCF for today is 37.01.

The historical rank and industry rank for Alamo Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:AL3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.11   Med: 31.07   Max: 46.69
Current: 36.78

During the past years, Alamo Group's highest Cyclically Adjusted Price-to-FCF was 46.69. The lowest was 22.11. And the median was 31.07.

FRA:AL3's Cyclically Adjusted Price-to-FCF is ranked worse than
63.27% of 98 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 25.095 vs FRA:AL3: 36.78

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Alamo Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.423. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €4.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alamo Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alamo Group's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alamo Group Cyclically Adjusted Price-to-FCF Chart

Alamo Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.90 33.83 32.54 34.02 42.99

Alamo Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.69 38.76 37.09 42.99 44.21

Competitive Comparison of Alamo Group's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Alamo Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alamo Group's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Alamo Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Alamo Group's Cyclically Adjusted Price-to-FCF falls into.



Alamo Group Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Alamo Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=171.00/4.62
=37.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alamo Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Alamo Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.423/131.7762*131.7762
=-0.423

Current CPI (Mar. 2024) = 131.7762.

Alamo Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.130 100.560 0.170
201409 2.363 100.428 3.101
201412 0.191 99.070 0.254
201503 -1.195 99.621 -1.581
201506 0.072 100.684 0.094
201509 2.949 100.392 3.871
201512 1.018 99.792 1.344
201603 -0.531 100.470 -0.696
201606 0.433 101.688 0.561
201609 3.242 101.861 4.194
201612 2.044 101.863 2.644
201703 -0.298 102.862 -0.382
201706 0.751 103.349 0.958
201709 1.866 104.136 2.361
201712 1.809 104.011 2.292
201803 -2.473 105.290 -3.095
201806 -0.200 106.317 -0.248
201809 1.699 106.507 2.102
201812 0.105 105.998 0.131
201903 -2.829 107.251 -3.476
201906 1.959 108.070 2.389
201909 2.786 108.329 3.389
201912 2.488 108.420 3.024
202003 -0.138 108.902 -0.167
202006 3.597 108.767 4.358
202009 5.362 109.815 6.434
202012 3.150 109.897 3.777
202103 -0.854 111.754 -1.007
202106 0.845 114.631 0.971
202109 2.051 115.734 2.335
202112 -0.327 117.630 -0.366
202203 -4.522 121.301 -4.913
202206 0.078 125.017 0.082
202209 1.157 125.227 1.218
202212 2.206 125.222 2.321
202303 -0.609 127.348 -0.630
202306 2.058 128.729 2.107
202309 2.424 129.860 2.460
202312 3.319 129.419 3.379
202403 -0.423 131.776 -0.423

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Alamo Group  (FRA:AL3) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Alamo Group Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Alamo Group's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Alamo Group (FRA:AL3) Business Description

Traded in Other Exchanges
Address
1627 East Walnut, Seguin, TX, USA, 78155
Alamo Group Inc is engaged in the design and manufacturing of agricultural equipment and infrastructure maintenance equipment. Its products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, leaf collection equipment, pothole patchers, zero-turn radius mowers, agricultural implements, and related aftermarket parts. The company's reportable segments are Vegetation Management and Industrial Equipment. It generates a majority of its revenue from Vegetation Management. Geographically, the company generates majority of the revenue from the United States.

Alamo Group (FRA:AL3) Headlines

No Headlines